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News 2026-07-09 11:56 UTC

Rackspace reports preliminary Q2 EPS (11c)-(8c), consensus (5c)

Reports preliminary Q2 revenue $641M-$649M, consensus $657.1M. Reports preliminary Q2 adjusted EBITDA $58M-$62M. The company said, "As we look beyond 2026, our current plan is to ramp the Enterprise AI business up to cumulative capacity of 15 MW by the end of 2027 and a total of 30 MW of capacity by the end of 2028. We